Colorado § 7-58-820 Other considerations of directors

Colorado Statutes

§ 7-58-820 — Other considerations of directors

Colorado § 7-58-820

Title 07Corporations

Art.Uniform Limited Cooperative Association Act

This text of Colorado § 7-58-820 (Other considerations of directors) is published on Counsel Stack Legal Research, covering Colorado primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Colo. Rev. Stat. § 7-58-820 (2026).

Text

(1)Unless the articles otherwise provide, in considering the best interests of a limited cooperative association, a director of the association in discharging the duties of director, in conjunction with considering the long- and short-term interest of the association and its members, may consider:

(a)The interest of employees, customers, and suppliers of the association;

(b)The interest of the community in which the association operates; and

(c)Other cooperative principles and values that may be applied in the context of the decision.

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(1) Unless the articles
otherwise provide, in considering the best interests of a limited cooperative
association, a director of the association in discharging the duties of director, in
conjunction with considering the long- and short-term interest of the association
and its members, may consider:

(a) The interest of employees, customers, and suppliers of the association;

(b) The interest of the community in which the association operates; and

(c) Other cooperative principles and values that may be applied in the
context of the decision.